Trading low as gold prices stay stable

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VietStock FI English 2 month(s) ago

Trading low as gold prices stay stable

Gold retailers continue to enter into the Cambodian market despite a drop in demand in recent months as prices remain stable, according to local retailers.

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Microfinancer Prasac looking to parter up with Korean giant

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VietStock FI English 2 month(s) ago

Microfinancer Prasac looking to parter up with Korean giant

Woori Bank, South Korea’s second-largest bank in terms of assets, is vying to purchase a 50 per cent stake Cambodia’s largest microfinance institution, Prasac, the company’s CEO confirmed yesterday.

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Grow Asia targeting six local cash crops

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VietStock FI English 3 month(s) ago

Grow Asia targeting six local cash crops

Grow Asia, which formally launched a partnership with Cambodia late last year, will reconvene on June 13 in Phnom Penh to kick-off working groups between the public and private sector, including NGOs, after targeting six crops for market potential.

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Customs pressures exporters to register with GDT

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VietStock FI English 3 month(s) ago

Customs pressures exporters to register with GDT

Cambodia's Customs Department announced on May 27 that it would stop processing paperwork for import and export companies, and halt cross-border activity if they fail to meet today’s deadline for online tax registration.

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Authorities come together to solve sea water dumping issues

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VietStock FI English 3 month(s) ago

The case of toxic sewage being drained into Sihanoukville’s waters remains a pressing issue for relevant authorities who argue they are working hard to resolve the problem.

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Century21 Cambodia Embark on a Global Strategic Business Development Tour

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VietStock FI English 3 month(s) ago

The Global Strategic Business Development (GSBD) Team at Century 21 Cambodia will soon embark on a month-long “Global Strategic Business Development Tour” whereby they will visit China, Hong Kong, Macau, Taiwan, Thailand, Singapore, Japan, Malaysia and Indonesia, promoting Real Estate investment opportunities in Cambodia.

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Takhmao city growing in potential

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VietStock FI English 3 month(s) ago

Takhmao city growing in potential

Located ten kilometres from Phnom Penh, Takhmao city has largely been ignored by real estate developers for many years because of a widely held perception of it being only a passing area.

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Kingsland Global commits to the Cambodian market

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VietStock FI English 3 month(s) ago

Kingsland Global commits to the Cambodian market

Formed in 2015 as the holding company of Kingsland Malaysia and Kingsland Cambodia, Kingsland Global (ASX: KLO) specialises in commercial and hospitality property development across Asia.

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Seeing green in every puddle

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VietStock FI English 3 month(s) ago

Seeing green in every puddle

After plans for a dairy business went sour, a New Zealand couple invested in Cambodia’s mostly untapped spirulina market, setting up Global Superfoods, which produces spirulina powder and pills for the increasingly health-conscious local and international markets. The Post’s Ayanna Runcie met with Grant Catley, co-founder of Global Superfoods, at his spirulina farm in Kandal province to discuss the company’s production and growth plans.

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Emerald back on ASX after turning to gold

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VietStock FI English 3 month(s) ago

Emerald Resources NL, an Australian mining firm with interests in Cambodia, will relist on the Australian Securities Exchange (ASX) on Tuesday following the company’s compliance with chapters 1 and 2 of the exchange’s listing rules and rule 11.1.3, the company said in a filing yesterday.

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IFC to help strengthen corporate governance

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VietStock FI English 3 month(s) ago

The International Finance Corporation (IFC) signed a memorandum of understanding with the National Bank of Cambodia (NBC) to strengthen corporate governance among banking and financial institutions in Cambodia, it said in a joint press release yesterday.

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Garment sector grows another 13 pct: report

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VietStock FI English 4 month(s) ago

Garment sector grows another 13 pct: report

Cambodia's garment and footwear exports grew by 13 per cent year-on-year in the first quarter of 2016, Chinese news agency Xinhua said on Monday, citing a report by the Ministry of Industry and Handicraft.

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Oil firm ready to push ahead with offshore drilling

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VietStock FI English 2 week(s) ago

Oil firm ready to push ahead with offshore drilling

Singapore-listed oil and gas firm KrisEnergy Ltd is moving closer to finalising its deal with the Cambodian government that will pave the way for extraction from the Block A offshore oil field once negotiations over a technical strategy and fiscal regime have been finalised.

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Fuming cigarette maker exits local industry body

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VietStock FI English 1 month(s) ago

It has only been a week since legislation came into effect that requires cigarette manufacturers to apply graphic images and warning labels to their packaging, yet the tobacco industry has already suffered its first casuality as one of the country’s biggest cigarette distributors announced yesterday that it was severing all ties with the local industry body set up to protect the interests of cigarette producers.

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Tycoon looks to expand and deepen private Sihanoukville seaport

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VietStock FI English 2 month(s) ago

Agro-industrial tycoon Mong Reththy plans to expand his private port to handle bigger ships and containerised cargoes, increasing potential competition with the country’s principal port in Sihanoukville.

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